thousands and counting.....

The recession has hit the economies around the world and, companies are looking at every possible ways to stay afloat. The best known global brands are finding it difficult to survive and to top it all the fear of a pink slip. Job cuts are the most easy way out for many companies worldwide.

Just to give you a glimpse of the job cut numbers around the world:

1. Pepsi Bottling Group: 3,150 jobs
2. HSBC: 500 jobs
3. Citigroup: 52,000 jobs
4. Fidelity Investments: 3,000 and counting
5. Royal Bank of Scotland: 3,000 jobs
6. Sun Microsystems: 6,000 jobs
7. United States Steel Corp: 675 jobs
8. British Telecom: 10,000 jobs and counting
9. Morgan Stanley: 19 per cent of its staff
10. Virgin Media: 2,200 jobs
11. Yell Group: 1,300 jobs
12. Nokia Siemens Networks: 1,820 jobs
13. Volvo AB: 1,000 jobs and counting
14. DHL US Express: 9,500 jobs
15. Nortel Networks Corporation: 1,300 jobs
16. General Motors Corp: 3,600 jobs
17. EW Scripps Co: 400 jobs
18. Ford Motor Company: 2,600 jobs
19. Volvo: 6,000 jobs
20. Corus: 400 jobs
22. American Express: 7,000 jobs
23. Bank of America: 7,500 jobs and counting
24. Development Bank of Singapore Group: 900 jobs
25. Mattel Inc: 1,000 jobs
26.American Express: 7,000 jobs
27. New York City: 3,000 jobs
28. AMD: 500 jobs
29. Goldman Sachs: 3,200 jobs
30. GlaxoSmithKline PLC: 1,000 jobs
31. Jaguar Land Rover: 400 jobs
32. Nokia: 600 jobs